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Royal Bank of Scotland Group plc (LON:RBS) said it expects to settle with American authorities investigating Forex manipulation at the bank in the coming month and set aside a further 334 million pounds ($515 million) to cover the potential cost.

The allocation from RBS takes the total set aside by the bank for future FX settlements to 704 million pounds ($1.08 billion) making it one of the biggest offenders within the global FX investigations.

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